Excelerate Energy signs $330M shipbuilding contract with HHI for new 170,000 CBM FSRU

Excelerate Energy, Inc.

Agreement with Hyundai Heavy Industries to construct one 170,000 CBM FSRU for ~$330 million.
FSRU to feature HHI's proprietary regasification system, dual-fuel engines, and selective catalytic reduction.
Delivery scheduled on or before June 30, 2026; payment in five installments.
Upon delivery, Excelerate will operate or have under construction 11 FSRUs in total.
CEO cites European energy crisis as driver for FSRU demand, positioning fleet for growth projects.

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